Welcome to an exceptional retail space that combines the advantages of a prime location, consistent foot traffic, and a pre-leased arrangement. This shop, strategically positioned facing the bustling Avenue Shopping Centre Cranbourne North, offers an ideal investment opportunity for those seeking a foothold in a thriving commercial hub.
A five-year lease commenced on April 1st, 2023 with Headmasters Barber and Beauty Salon returning $32,845.50 per annum plus GST and outgoings on 66.68 sqm of total building area. The location offers outstanding exposure, as it faces the main shopping center and plenty of parking is available in the public car park at the front.
The size of Cranbourne North is approximately 10.3 square kilometres. It has 35 parks covering nearly 12.5% of total area. The population of Cranbourne North in 2016 was 20110 people. By 2021 the population was 24683 showing a population growth of 22.7% in the area during that time. The predominant age group in Cranbourne North is 0-9 years. Households in Cranbourne North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne North work in a professional occupation.In 2021, 72.20% of the homes in Cranbourne North were owner-occupied compared with 74.60% in 2016.
Cranbourne North has 8,939 properties. Over the last 5 years, Houses in Cranbourne North have seen a 33.29% increase in median value, while Units have seen a 39.19% increase. As at 30 November 2025:
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